Deep Tide TechFlow News, November 10: According to Yonhap News Agency, Kim Hyung-nyeon, vice chairman of Dunamu, operator of South Korea’s largest cryptocurrency exchange Upbit, said at DICON, a digital asset policy conference held in Yeouido, Seoul, that South Korea’s flagship stocks Samsung Electronics and SK Hynix can only be tokenized and traded on overseas exchanges, adding that “the situation itself is deeply painful.” The report said Kim, one of Dunamu’s co-founders, rarely speaks publicly. He said there are many issues to consider these days, and that if the regulatory framework is designed appropriately, Dunamu will do its utmost to become a global player representing South Korea. At the opening ceremony the same day, Dunamu CEO Oh Kyung-seok said the digital asset industry is at a pivotal moment where opportunities and challenges converge, and that major countries have begun to view digital assets as an important factor in financial innovation and national competitiveness. During the same discussion, ruling Democratic Party lawmaker Min Byung-deok said the postponement of virtual asset taxation had made clear to all parties the need for a Basic Act on Digital Assets. He said the act must be passed during the current regular session of the National Assembly, no later than January 18 next year. He also argued that institutional investors and corporations should be fully permitted to invest in virtual assets, saying that under the spirit of South Korea’s Constitution, individuals and corporations should not be treated differently.